AmeriCredit Automobile Receivables Trust 2015-3 - FORM 8-K - EX-99.1 - August 7, 2015

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Exhibit 99.1

CONFIDENTIAL

AmeriCredit Automobile Receivables Trust 2015-3

Final Pool as of the Cutoff Date

8/5/2015

Composition of the Auto Loan Contracts

as of the Cutoff Date

 

    New     Used     Total  

Aggregate Principal Balance (1)

   $ 604,376,532.84      $ 665,623,336.15      $ 1,269,999,868.99   

Number of Automobile Loan Contracts

     26,316        42,202        68,518   

Percent of Aggregate Principal Balance

     47.59 %      52.41 %      100.00 % 

Average Principal Balance

   $ 22,966.12      $ 15,772.32      $ 18,535.27   

Range of Principal Balances

   ($ 290.85 to $84,956.11 )    ($ 255.40 to $84,926.15 )    ($ 255.40 to $84,956.11 )

Weighted Average APR (1)

     10.65 %      14.48 %      12.66 % 

Range of APRs

     (2.00% to 25.20%)        (2.00% to 28.40%)        (2.00% to 28.40%)   

Weighted Average Remaining Term

     65        62        64   

Range of Remaining Terms

     (3 to 72 months )      (3 to 72 months )      (3 to 72 months ) 

Weighted Average Original Term

     72        70        71   

Range of Original Terms

     (24 to 72 months )      (24 to 72 months )      (24 to 72 months ) 

 

(1) Aggregate Principal Balance includes some portion of accrued interest. As a result, the Weighted Average APR of the automobile loan contracts may not be equivalent to the automobile loan contracts’ aggregate yield on the Aggregate Principal Balance.

Score Distribution of the Automobile Loan Contracts

as of the Cutoff Date

 

    AmeriCredit Score (1)     % of Aggregate
Principal Balance (2)		     Credit Bureau Score (3)     % of Aggregate
Principal Balance (2)		  
    Less than 215        9.35 %     
    215-224        10.45 %      Less than 540        25.85 % 
    225-244        32.41 %      540-599        46.80 % 
    245-259        23.86 %      600-659        25.54 % 
    260 and greater        23.93 %      660 and greater        1.82 % 
 

 

 

    

 

 

    

 

 

    

 

 

  

Weighted Average Score

     244          571     

 

(1) Proprietary credit score developed and utilized by AmeriCredit to support the credit approval and pricing process. The scale of the proprietary score is not comparable to a credit bureau score. An AmeriCredit score may not be available for a small portion of accounts originated under discontinued origination platforms and those accounts will not be included in the AmeriCredit score table above. Since these accounts are not included in the percentages above, the Aggregate Principal Balance of the accounts based on the AmeriCredit score may be less than the total pool.
(2) Percentages may not add to 100% because of rounding.
(3) A statistically based score (sometimes referred to as FICO score) generated by credit reporting agencies. AmeriCredit utilizes TransUnion, Equifax or Experian credit reports depending on the location of the obligor. Credit Bureau Scores are unavailable for some accounts and those accounts are not included in the Credit Bureau Score table above. Since these accounts are not included in the percentages above, the Aggregate Principal Balance of the accounts based on Credit Bureau Score may be less than the total pool.

CONFIDENTIAL

AmeriCredit Automobile Receivables Trust 2015-3

Final Pool as of the Cutoff Date

8/5/2015

 

Distribution of the Automobile Loan Contracts by APR

as of the Cutoff Date

 

Distribution by APR

    Aggregate Principal
Balance (1)		      % of Aggregate
Principal Balance (2)		     Number of Automobile
Loan Contracts		      % of Total Number
of Automobile
Loan Contracts (2)		  

2.000% to 2.999%

      14,757,390.43         1.16 %      549         0.80 % 

3.000% to 3.999%

      27,418,699.54         2.16 %      1,016         1.48 % 

4.000% to 4.999%

      26,625,089.92         2.10 %      933         1.36 % 

5.000% to 5.999%

      23,161,796.82         1.82 %      805         1.17 % 

6.000% to 6.999%

      63,324,214.30         4.99 %      2,210         3.23 % 

7.000% to 7.999%

      67,649,065.23         5.33 %      2,546         3.72 % 

8.000% to 8.999%

      59,869,924.63         4.71 %      2,406         3.51 % 

9.000% to 9.999%

      87,398,748.66         6.88 %      4,067         5.94 % 

10.000% to 10.999%

      90,483,626.28         7.12 %      4,339         6.33 % 

11.000% to 11.999%

      134,935,507.17         10.62 %      6,691         9.77 % 

12.000% to 12.999%

      100,529,712.39         7.92 %      5,389         7.87 % 

13.000% to 13.999%

      94,236,879.75         7.42 %      5,420         7.91 % 

14.000% to 14.999%

      91,097,719.76         7.17 %      5,431         7.93 % 

15.000% to 15.999%

      83,499,985.45         6.57 %      5,133         7.49 % 

16.000% to 16.999%

      78,069,927.78         6.15 %      5,076         7.41 % 

17.000% to 17.999%

      69,394,624.35         5.46 %      4,617         6.74 % 

18.000% to 18.999%

      70,895,494.06         5.58 %      4,999         7.30 % 

19.000% to 19.999%

      32,150,392.51         2.53 %      2,413         3.52 % 

20.000% to 20.999%

      25,444,663.69         2.00 %      1,964         2.87 % 

21.000% to 21.999%

      14,133,384.98         1.11 %      1,202         1.75 % 

22.000% to 22.999%

      7,131,935.62         0.56 %      617         0.90 % 

23.000% to 23.999%

      4,678,755.30         0.37 %      420         0.61 % 

24.000% to 24.999%

      2,280,974.91         0.18 %      201         0.29 % 

25.000% to 25.999%

      614,938.50         0.05 %      55         0.08 % 

26.000% to 26.999%

      152,498.62         0.01 %      13         0.02 % 

27.000% to 27.999%

      55,138.43         0.00 %      5         0.01 % 

28.000% to 28.999%

      8,779.91         0.00 %      1         0.00 % 
  

 

 

     

 

 

    

 

 

     

 

 

  

TOTAL

    $ 1,269,999,868.99         100.00 %      68,518         100.00 % 
  

 

 

     

 

 

    

 

 

     

 

 

  

 

(1) Aggregate Principal Balances include some portion of accrued interest. Indicated APRs represent APRs on principal balance net of such accrued interest.
(2) Percentages may not add to 100% because of rounding.

CONFIDENTIAL

AmeriCredit Automobile Receivables Trust 2015-3

Final Pool as of the Cutoff Date

8/5/2015

 

Distribution of the Automobile Loan Contracts by Geographic Location

of Obligor as of the as of the Cutoff Date

 

Geographic Location

    Aggregate
Principal
Balance (1)		      % of Aggregate
Principal Balance (2)		     Number of
Automobile
Loan Contracts		      % of Total Number
of Automobile
Loan Contracts (2)		  

Alabama

    $ 24,364,213.25         1.92 %      1,235         1.80 % 

Alaska

      1,780,633.32         0.14 %      86         0.13 % 

Arizona

      27,486,345.64         2.16 %      1,392         2.03 % 

Arkansas

      15,813,138.14         1.25 %      796         1.16 % 

California

      81,174,186.86         6.39 %      4,515         6.59 % 

Colorado

      23,576,827.19         1.86 %      1,280         1.87 % 

Connecticut

      8,310,873.43         0.65 %      515         0.75 % 

Delaware

      4,092,025.12         0.32 %      263         0.38 % 

District of Columbia

      2,480,233.04         0.20 %      132         0.19 % 

Florida

      91,948,305.59         7.24 %      5,314         7.76 % 

Georgia

      54,716,435.82         4.31 %      2,645         3.86 % 

Hawaii

      3,404,813.87         0.27 %      179         0.26 % 

Idaho

      2,486,234.35         0.20 %      131         0.19 % 

Illinois

      50,160,641.06         3.95 %      2,827         4.13 % 

Indiana

      29,442,796.36         2.32 %      1,695         2.47 % 

Iowa

      6,453,786.78         0.51 %      381         0.56 % 

Kansas

      5,271,291.04         0.42 %      297         0.43 % 

Kentucky

      23,231,109.82         1.83 %      1,289         1.88 % 

Louisiana

      36,923,596.41         2.91 %      1,646         2.40 % 

Maine

      4,488,753.51         0.35 %      292         0.43 % 

Maryland

      31,500,555.42         2.48 %      1,740         2.54 % 

Massachusetts

      20,759,610.65         1.63 %      1,276         1.86 % 

Michigan

      25,541,526.09         2.01 %      1,762         2.57 % 

Minnesota

      10,425,668.22         0.82 %      613         0.89 % 

Mississippi

      21,674,443.81         1.71 %      1,001         1.46 % 

Missouri

      25,175,745.80         1.98 %      1,471         2.15 % 

Montana

      3,352,883.10         0.26 %      165         0.24 % 

Nebraska

      3,174,305.41         0.25 %      205         0.30 % 

Nevada

      9,481,892.44         0.75 %      438         0.64 % 

New Hampshire

      4,646,669.69         0.37 %      292         0.43 % 

New Jersey

      21,729,469.97         1.71 %      1,347         1.97 % 

New Mexico

      20,464,645.28         1.61 %      910         1.33 % 

New York

      42,031,137.77         3.31 %      2,475         3.61 % 

North Carolina

      40,209,584.77         3.17 %      2,187         3.19 % 

North Dakota

      2,607,708.06         0.21 %      113         0.16 % 

Ohio

      48,127,742.80         3.79 %      3,067         4.48 % 

Oklahoma

      18,533,870.26         1.46 %      963         1.41 % 

Oregon

      7,160,135.49         0.56 %      409         0.60 % 

Pennsylvania

      52,533,985.61         4.14 %      3,296         4.81 % 

Rhode Island

      2,170,875.80         0.17 %      149         0.22 % 

South Carolina

      18,617,305.51         1.47 %      1,029         1.50 % 

Tennessee

      30,847,726.84         2.43 %      1,573         2.30 % 

Texas

      226,489,579.33         17.83 %      10,512         15.34 % 

Utah

      6,331,081.40         0.50 %      293         0.43 % 

Vermont

      2,202,439.59         0.17 %      118         0.17 % 

Virginia

      26,533,304.86         2.09 %      1,452         2.12 % 

Washington

      16,294,781.11         1.28 %      922         1.35 % 

West Virginia

      13,179,881.87         1.04 %      660         0.96 % 

Wisconsin

      17,355,140.18         1.37 %      1,017         1.48 % 

Wyoming

      3,065,572.91         0.24 %      136         0.20 % 

Other (3)

      174,358.35         0.01 %      17         0.02 % 
  

 

 

     

 

 

    

 

 

     

 

 

  

TOTAL

    $ 1,269,999,868.99         100.00 %      68,518         100.00 % 
  

 

 

     

 

 

    

 

 

     

 

 

  

 

(1) Aggregate Principal Balances include some portion of accrued interest.
(2) Percentages may not add to 100% because of rounding.
(3) States and Territories with Aggregate Principal Balances less than $1,000,000 each.

CONFIDENTIAL

AmeriCredit Automobile Receivables Trust 2015-3

Final Pool as of the Cutoff Date

8/5/2015

 

Distribution of the Automobile Loan Contracts by Wholesale LTV

as of the Cutoff Date

 

     Wholesale LTV (1) Range     % of Aggregate
Principal Balance (2)(3)		  
     Less than 100 %      25.19 % 
     100-109        22.75 % 
     110-119        24.10 % 
     120-129        18.13 % 
     130-139        8.46 % 
     140-149        1.23 % 
     150 and greater        0.15 % 
  

 

 

    

 

 

  

Weighted Average Wholesale LTV

      110 %   

 

(1) Wholesale LTV is calculated using the total amount financed, which may include taxes, title fees and ancillary products over the wholesale auction value of the financed vehicle at the time the vehicle is financed. The vehicle value at origination is determined by using NADA or “Kelley Blue Book Trade-in” prices for used vehicles or dealer invoice/dealer wholesale price for new vehicles.
(2) Wholesale LTV was not available or could not be calculated on certain accounts and these accounts are not included in the table above. Since these accounts are not included in the Wholesale LTV table, the Aggregate Principal Balance may be less than the total pool.
(3) Percentages may not add up to 100% because of rounding.

CONFIDENTIAL

AmeriCredit Automobile Receivables Trust 2015-3

Final Pool as of the Cutoff Date

8/5/2015

 

Distribution of the Automobile Loan Contracts by Vehicle Make

as of the Cutoff Date

 

Vehicle Make

    Aggregate
Principal
Balance (1)		      % of Aggregate
Principal Balance (2)		     Number of
Automobile
Loan Contracts		      % of Total Number
of Automobile
Loan Contracts (2)		  

Buick(3)

    $ 36,094,675.64         2.84 %      1,632         2.38 % 

Cadillac(3)

      32,326,298.30         2.55 %      1,274         1.86 % 

Chevrolet(3)

      472,110,880.08         37.17 %      22,239         32.46 % 

Chrysler

      32,714,440.17         2.58 %      2,145         3.13 % 

Dodge

      87,368,028.71         6.88 %      4,910         7.17 % 

Ford

      106,372,745.36         8.38 %      6,251         9.12 % 

GMC(3)

      71,663,517.48         5.64 %      2,754         4.02 % 

Honda

      32,211,290.72         2.54 %      2,071         3.02 % 

Hyundai

      49,446,261.28         3.89 %      3,246         4.74 % 

Jeep

      37,724,634.53         2.97 %      2,127         3.10 % 

Kia

      60,634,125.22         4.77 %      3,856         5.63 % 

Mercedes

      15,345,962.51         1.21 %      718         1.05 % 

Mitsubishi

      14,546,582.03         1.15 %      951         1.39 % 

Nissan

      83,465,904.42         6.57 %      5,175         7.55 % 

Toyota

      50,931,973.24         4.01 %      3,183         4.65 % 

Volkswagen

      14,647,650.51         1.15 %      1,013         1.48 % 

Other (4)

      72,394,898.79         5.70 %      4,973         7.26 % 
  

 

 

     

 

 

    

 

 

     

 

 

  

Total

    $ 1,269,999,868.99         100.00 %      68,518         100.00 % 
  

 

 

     

 

 

    

 

 

     

 

 

  

 

(1) Aggregate Principal Balances include some portion of accrued interest.
(2) Percentages may not add to 100% because of rounding.
(3) The total Aggregate Principal Balance of all new GM vehicles is $386,714,913.81, or approximately 30% of the total pool.
(4) Aggregate Principal Balance of less than 1% of Total Aggregate Principal Balance per vehicle make.

Distribution of the Automobile Loan Contracts by Vehicle Segment

as of the Cutoff Date

 

Vehicle Segment (1)

    Aggregate
Principal
Balance (2)		      % of Aggregate
Principal Balance (3)		     Number of
Automobile
Loan Contracts		      % of Total Number
of Automobile
Loan Contracts (3)		  

Full-Size Car

    $ 4,491,965.76         0.35 %      255         0.37 % 

Full-Size Van/Truck

      215,441,410.32         16.96 %      8,211         11.98 % 

Full-Size SUV

      75,626,090.30         5.95 %      2,984         4.36 % 

Mid-Size Car

      327,987,278.22         25.83 %      19,112         27.89 % 

Mid-Size SUV

      296,449,527.04         23.34 %      15,835         23.11 % 

Economy/Compact Car

      230,045,024.94         18.11 %      15,093         22.03 % 

Compact Van/Truck

      43,178,070.49         3.40 %      2,801         4.09 % 

Sports Car

      76,445,111.12         6.02 %      4,213         6.15 % 

Segment Unavailable (4)

      335,390.80         0.03 %      14         0.02 % 
  

 

 

     

 

 

    

 

 

     

 

 

  

Total

    $ 1,269,999,868.99         100.00 %      68,518         100.00 % 
  

 

 

     

 

 

    

 

 

     

 

 

  

 

(1) Categories reflect consolidated categories based on J.D. Power defined segments.
(2) Aggregate Principal Balances include some portion of accrued interest.
(3) Percentages may not add up to 100% because of rounding.
(4) Vehicle segmentation was not available for certain accounts at the time the pool was selected.

CONFIDENTIAL

AmeriCredit Automobile Receivables Trust 2015-3

Final Pool as of the Cutoff Date

8/5/2015

 

Historical Delinquency Experience of the Automobile Loan Contracts

as of the Cutoff Date

 

Number of Times

Ever 31 to 60 Days
Delinquent

   

Aggregate Principal

Balance (1)

    % of Aggregate
Principal Balance (2)		     Number of
Automobile
Loan Contracts		      % of Total Number of
Automobile Loan
Contracts (2)		  

0

    $1,118,879,734.47      88.10 %      53,962         78.76 % 

1

    55,116,282.11      4.34 %      3,292         4.80 % 

2+

    96,003,852.41      7.56 %      11,264         16.44 % 
  

 

   

 

 

    

 

 

     

 

 

  

Total

    $1,269,999,868.99      100.00 %      68,518         100.00 % 
  

 

   

 

 

    

 

 

     

 

 

  

 

(1) Aggregate Principal Balances include some portion of accrued interest.
(2) Percentages may not add to 100% because of rounding.

 

Number of Times

Ever 61 to 90 Days
Delinquent

   

Aggregate Principal

Balance (1)

    % of Aggregate
Principal Balance (2)		     Number of
Automobile
Loan Contracts		      % of Total Number of
Automobile Loan
Contracts (2)		  

0

    $1,218,985,797.51      95.98 %      62,604         91.37 % 

1

    16,860,869.17      1.33 %      1,899         2.77 % 

2+

    34,153,202.31      2.69 %      4,015         5.86 % 
  

 

   

 

 

    

 

 

     

 

 

  

Total

    $1,269,999,868.99      100.00 %      68,518         100.00 % 
  

 

   

 

 

    

 

 

     

 

 

  

 

(1) Aggregate Principal Balances include some portion of accrued interest.
(2) Percentages may not add to 100% because of rounding.

 

Number of Times Ever
Greater Than 90 Days
Delinquent

   

Aggregate Principal

Balance (1)

    % of Aggregate
Principal Balance (2)		     Number of
Automobile
Loan Contracts		      % of Total Number of
Automobile Loan
Contracts (3)		  

0

    $1,262,115,765.61      99.38 %      67,535         98.57 % 

1

    5,662,655.35      0.45 %      699         1.02 % 

2+

    2,221,448.03      0.17 %      284         0.41 % 
  

 

   

 

 

    

 

 

     

 

 

  

Total

    $1,269,999,868.99      100.00 %      68,518         100.00 % 
  

 

   

 

 

    

 

 

     

 

 

  

 

(1) Aggregate Principal Balances include some portion of accrued interest.
(2) Percentages may not add to 100% because of rounding.